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There are a couple caveats I found that make me reconsider a QRP:When you have money in these accounts it sounds good that you are not taxed on gains but you are restricted from getting a Fannie Mae loan. Using the QR...
In 2010 I made an offer for cash on a home. AMT was 100k the Bank who was owner as it had been foreclosed on in 2009 came back with 105k I signed. Same day my Realtor called said I had to purchase an additional parcel...
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My prospective tenant’s last three housing situation. 1. Lived in a duplex, she gave me the name and number of the landlord but the name doesn’t match her number on caller id. The person I spoke to didn’t want to gi...
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How you doing folks? Jan is already gone and only 11 months more on this year... Wow, time is flying fast...Anyway, I was just excited to share that last month, last day we closed two owner financing deals back to b...
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We're closing on our first STR next month (yeah!) and need to get the property set up for renters. Please tell me about some of your favorite STR furnishings/kitchen items/bedding/towels/security gadgets/etc. Put on ...
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I have a house I plan on rehabbing and the roof color doesn't go well with the rest of the house. The asphalt shingles are in good shape, so rather than replacing, I have been researching painting them. There's a va...
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If you are wondering what pets do to the central AC units, here is something a little more than just speculation.I have a triplex, where each unit has the same exact central AC handlers and condensers and same age.Dec...
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If you do some maintenances on your rental property, such as fixing a clogged toilet, replacing a broken door, etc., can you count your own labor as expenses?
Thanks
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Hi BP Community,I'm conducting a rent analysis for my market here in Orlando, FL, and I could use some help.Currently, I'm looking at 2 bed and 2 bath houses near the University of Central Florida. According to Rentom...
Do you think it would be advantageous to attain a real estate license before venturing into REI? Could possible could you list the pros and cons? After obtaining a Real estate license, are brokerages looking to bring...